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Forex Trend Analysis Report

Prepared for you on Saturday, March 2, 2024.

Japanese Yen/US Dollar (FOREX:JPYUSD)

Weak Uptrend (+65) - JPYUSD is showing signs of weakening momentum to the upside. Monitor JPYUSD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid JPYUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYUSD
Open High Low JPYUSD Price Change
0.00666245 0.00666245 0.00666245 0.00666245 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JPYUSD

long term up The long-term trend has been UP since Dec 7th, 2023 at 0.00691762

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2024 at 0.00689903

short term up The short-term trend has been UP since Feb 27th, 2024 at 0.00665340

Smart Scan Analysis for JPYUSD

Based on our trend formula, JPYUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for JPYUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00666245 0.00666245 0.00666245 0.00666245 0.00000000
Prev. Close Volume Bid Ask Time
0.00666245 2024-03-02 15:42:03
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